Mortgage Underwriter

Stellar Select Ltd
£26000 - £29000 per annum + benefits, discretionary bonus
15 Apr 2017
15 May 2017
Contract Type
Full Time

Mortgage Underwriters required to be based in Chatham to underwrite mortgage applications within assigned mandate level, through to mortgage offer and in line with the banks operating procedures and policies

Responsibilities for the role of Mortgage Underwriter

  • Underwrite allocated applications to offer within assigned mandate level and agreed service standards
  • Review agreement in principle requests timely
  • Communicate with intermediaries
  • Manage escalations and resolve technical queries from other team members - senior role
  • Identify potential fraud
  • Participate in user acceptance testing
  • Coach new underwriters to obtain their lending mandate - senior role

Experience required for the role of Mortgage Underwriter

  • Previous recent experience of mortgage administration and mandated mortgage underwriting
  • Residential mortgage knowledge is essential, however, buy to let and commercial lending may also be considered
  • Good understanding of FCA regulations as well as MCOB and TCF
  • GCSE or O-Level qualifications in both Maths and English are essential

Salary: Between £26-29,000

Benefits: 22 days holiday, discretionary bonus, pension of 8%, private medical cover, private health insurance, life assurance, season ticket loan

Location: Chatham, Kent

For more information regarding the role of Mortgage Underwriter please contact us

Stellar Select is acting as an employment agency and is a corporate member of the REC

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days